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MJAir23TheGoat said:
If you follow the EV segment typically if Tesla has a significant drop now at over $33 today
Historically, it brings all others down with it. That’s just factual, when you are the market leader. Unfortunately LCID may be headed back into the 5’s. That’s why it’s not a good idea to root against Tesla continually. 👍
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But for many days, $LCID is doing the opposite of $TSLA.

My opinion is $TSLA is way over priced, I wouldn't want $LCID needing $TSLA empty pump to go up.
 
dbsb3233 said:
Funny. Snarky and condescending too, but funny.
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:) I mean no harm.

I just genuinely think that “reading the tea leaves” of a small market cap stock that is heavily shorted is pointless.

Don’t mean to sound condescending, just snarky/funny - I know plenty of people will probably make more money than me by reading their tea leaves. Some might even be right.

I’ll just continue driving the car and enjoying it while I wait for my stock to appreciate or write off 😂
 
They did manage to close the 2K delivery gap down to 1K, I think that is ok, since they got themselves far behind after Q1. They still posted YoY growth in deliveries too...But again not meeting expectations of what they posted...
 
illopp00 said:
They did manage to close the 2K delivery gap down to 1K, I think that is ok, since they got themselves far behind after Q1. They still posted YoY growth in deliveries too...But again not meeting expectations of what they posted...
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Expectation is whatever an analyst thinks. They can easily manipulate. So they give a price target of $8 and say hold when price is $5. Anyone with common sense thinks you would buy at $5 if it’s going to $8. And look at TSLA…PE ratio in the 300’s.

Lucid P/S is less than Rivian!
 
gaskiller said:
Expectation is whatever an analyst thinks. They can easily manipulate. So they give a price target of $8 and say hold when price is $5. Anyone with common sense thinks you would buy at $5 if it’s going to $8. And look at TSLA…PE ratio in the 300’s.

Lucid P/S is less than Rivian!
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TSLA will be studied for centuries after it destroys the economy
 
I'm highly confident that the PIF won't let Lucid fail. For instance look at this recent official post by the PIF, a Lucid Air is prominently displayed and advertised as a core part of their portfolio. Once AMP-2 is running in a few months and they're producing "Saudi made" electric vehicles it will be hard to imagine a scenario where they pull the plug.
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Seems its happening. Lucid is going down the drain.
Looks like bankruptcy imminent.
 
Lucid needs to address this now! This is ridiculous if they are allowing investors to get hammered over news that is false.
 
They are exploring options.
 
LucidfanAZ said:
Lucid needs to address this now! This is ridiculous if they are allowing investors to get hammered over news that is false.
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I dont think anyone of us know this is false. This is the biggest issue with Lucid no transparency.
 
At least people can now stop the narrative of short sellers. This is what management did to us all. They knew this all along.
50% gone today and i believe Lucid will stay silent and dont address there investors as usual.
 
sri said:
At least people can now stop the narrative of short sellers. This is what management did to us all. They knew this all along.
50% gone today and i believe Lucid will stay silent and dont address there investors as usual.
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And now they own a couple solid car factories and investors own the…uh, water bottles
 
It’s was a rumor initiated by EV website. If going bankrupt they wouldn’t take 800 million debt. They won’t go private, they lose autonomy vehicle advantage due to being purely Saudi company. They wouldn’t have hired new team if that’s the plan.

Alix partners actually suggested they stop Europe expansion and concentrate on quality.
 
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